हिंदी में पढ़ें

Tax

Income Tax Tips: What Are The Tax Regulations On Transaction Between Spouses

Income Tax Tips: What Are The Tax Regulations On Transaction Between Spouses

Tue, Nov 07, 2023

Don't assume that all transactions between spouses are tax-free. There are some nuanced rules to be aware of, especially when it comes to gifts, investments, and rental income. In this video, we'll break down the key tax implications to keep in mind when dealing with your spouse financially.

Annual direct tax collection target of Rs 13.35 lakh crore! Strategy meeting done - Here are details

Annual direct tax collection target of Rs 13.35 lakh crore! Strategy meeting done - Here are details

Sat, Jan 04, 2020

Revenue Secretary Ajay Bhushan Pandey held a high-level meeting with senior officials of CBIC and CBDT on Friday to strategise and streamline the field functions in order to achieve the direct tax and the GST target of Rs 1.10 lakh crore each in the next two months and Rs 1.25 lakh crore in the f

After France, Italy approves digital tax on tech giants

After France, Italy approves digital tax on tech giants

Wed, Dec 25, 2019

The tax is similar to the one France implemented earlier this year which has attracted severe criticism from the US.

TRENDING NOW

Tax trouble: 65 lakh people face government crackdown

Tax trouble: 65 lakh people face government crackdown

Mon, Apr 30, 2018

The department in its analysis has reportedly concluded that of the nearly 6.8 crore returns filed in 2017-18, nearly a fifth related to previous years as was the case earlier too. Officials reportedly said that the text messages and emails were targeted at close to 1.75 crore "potential assessees" of which 1.07 crore have voluntarily filed returns so far. Going by this measure too, the numbers add up, said the report.

Most businesses struggling with GST, report sales fall

Most businesses struggling with GST, report sales fall

Wed, Apr 11, 2018

The industry seems to be struggling to make profits post GST, with about 26% saying they saw a decline in profits by more than 30%. More than 55% respondents are unsure or believe that GST is not good for their businesses in the long run.

Income tax offices to remain open on holidays for filing of returns

Income tax offices to remain open on holidays for filing of returns

Tue, Mar 27, 2018

The government has said that all income tax offices will remain open during holidays between March 29 and 31 to facilitate filing of returns. All Ayakar Seva Kendras (ASKs) will also remain open on these days, an official statement by Ministry of Finance said.

Tax evasion crackdown: Proprietors, LLPs, HUFs under CBEC scanner now

Tax evasion crackdown: Proprietors, LLPs, HUFs under CBEC scanner now

Thu, Mar 22, 2018

According to the sources, preliminary scrutiny indicated that several newly created LLPs and HUFs as well as proprietary firms have claimed transitional credit for which they were not eligible. The CBEC has already asked chief commissioners to scrutinise all transitional credit claims of over Rs 1 crore. As part of transition to GST last July, taxpayers were allowed to file Form TRAN-1 and avail tax credit on the basis of closing balance of the credit declared in the last return under the pre-GST regime.

Taxpayers can check return filing status of suppliers on GSTN portal

Taxpayers can check return filing status of suppliers on GSTN portal

Fri, Feb 23, 2018

The GST Network (GSTN) portal has been developed to help buyers to check the tax payment status of their suppliers and make claiming input tax credit (ITC) easier. It would also show status of last 10 returns showing return type, financial year, tax period, date of filing and status whether GST filed or not filed.

Next GST Council meet may liberlise rules, revamp filing process

Next GST Council meet may liberlise rules, revamp filing process

Mon, Feb 19, 2018

The 26th meeting of the council, held through a video conference, is expected to take measures that will make compliance easier for small businesses and traders, said the report.

Investments that can help in saving taxes

Investments that can help in saving taxes

Thu, Feb 08, 2018

'Disclaimer: This story is for informational purposes only and should not be taken as investment advice.'

How indexation benefits impact your investment?

How indexation benefits impact your investment?

Wed, Feb 07, 2018

Indexation is a prudent way to prevent draining your debt fund returns by way of taxes. It helps you inflate the purchase price of the debt mutual funds. In this way you can lower your tax liability.

LTCG: Here are the answers to Frequently Asked Questions

LTCG: Here are the answers to Frequently Asked Questions

Mon, Feb 05, 2018

The tax will be levied only upon transfer of the long-term capital asset on or after 1st April, 2018, as defined in clause (47) of Section 2 of the Act.

Tax incentives to promote post-harvest activities of agriculture

Tax incentives to promote post-harvest activities of agriculture

Thu, Feb 01, 2018

The Finance Minister said that "such tax incentive will encourage “Operation Greens” mission announced earlier and it will give a boost to Sampada Yojana."

Budget 2018 to test Dalal Street's faith in Modi's government

Budget 2018 to test Dalal Street's faith in Modi's government

Wed, Jan 31, 2018

To keep investors' confidence, Modi's government will need to be seen containing the fiscal deficit, while also increasing spending in key areas of the slowing economy

COAI seeks relief on tax demand over rebate on SIM sale

COAI seeks relief on tax demand over rebate on SIM sale

Thu, Jan 11, 2018

Cellular operators' body COAI today sought lowering of GST on telecom services and bringing tax withholding rate to 1 per cent over discount that companies offer for sale of pre-paid SIM cards to independent distributors.

This is how to claim your LTA tax exemption this year

This is how to claim your LTA tax exemption this year

Fri, Dec 29, 2017

The LTA tax break can only be claimed from the travel within India. No other expenses other than the actual expenses incurred on air, rail and bus fares are the areas where one can claim the non-taxable reimbursement.

Govt moots creation of NFRA to keep a tab on dishonest CAs

Govt moots creation of NFRA to keep a tab on dishonest CAs

Thu, Dec 28, 2017

The move has been necessitated after the role of some accounting professionals in helping business entities hide black money, came to light.

Tax-free no more: Saudi Arabia, UAE to roll out VAT in 2018

Tax-free no more: Saudi Arabia, UAE to roll out VAT in 2018

Wed, Dec 27, 2017

The value-added tax, or VAT, will apply to a range of items like food, clothes, electronics and gasoline, as well as phone, water and electricity bills, and hotel reservations.

High Court questions 12% GST on sanitary napkins

High Court questions 12% GST on sanitary napkins

Thu, Nov 16, 2017

The Delhi High Court on Wednesday questioned the central government`s decision to impose 12 per cent tax on sanitary napkins under the GST regime, saying it has exempted "bindi, kajal, sindoor" which seem more essential than sanitary napkins.

Can't let shadow economy to be larger than real economy, says FM Arun Jaitley

Can't let shadow economy to be larger than real economy, says FM Arun Jaitley

Sat, Oct 28, 2017

Terming tax-paying as a "patriotic duty", Finance Minister Arun Jaitley today said given our aspiration to be a dominant player on the world stage, we cannot afford to be a place where the shadow economy is bigger than the real economy.

GST collections at Rs 92,150 crore in September

GST collections at Rs 92,150 crore in September

Tue, Oct 24, 2017

The government has collected Rs 92,150 crore as Goods and Services Tax (GST) in September from 42.91 lakh businesses, the finance ministry said today. Of this, Rs 14,042 crore is on account of Central GST, while State GST is to the tune of Rs 21,172 crore.

GST Council to discuss bringing real estate under its ambit: Arun Jaitley

GST Council to discuss bringing real estate under its ambit: Arun Jaitley

Thu, Oct 12, 2017

The matter will be discussed in the next meeting of the GST, which will be held on November 9, in Guwahati, Jaitley said.

Things you should know about "Gift Tax" before receiving, giving this festive season

Things you should know about "Gift Tax" before receiving, giving this festive season

Mon, Sep 18, 2017

As per the Income Tax Act, 1961 if the value of gifts received is more than Rs 50,000 a year, then such amount is taxed as income in the hands of the receiver.

Load More

LIVE TV

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x